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Starbucks Says Turnaround Is on Track

CNBC on MSN · 7h

Starbucks stock falls as sales disappoint, turnaround pressures earnings

Starbucks missed earnings and revenue estimates for its fiscal second quarter. Same-store sales fell for the fifth straight quarter. Still, CEO Brian Niccol said the coffee chain is seeing "momentum" in its turnaround,

Associated Press News on MSN · 3h

Starbucks says turnaround is on track, but quarterly earnings and sales fall short

But those efforts have been costly. Starbucks said its net income dropped 50% to $384 million in its fiscal second quarter. Adjusted earnings fell nearly 40% to 41 cents per share. That was lower than the 49-cent per share profit Wall Street forecast.

Investopedia on MSN · 9h

Starbucks Is Set To Report Earnings, in Test of Turnaround Plan's Progress

Starbucks is slated to report quarterly results after the bell Tuesday, marking the coffee chain's third report under new CEO Brian Niccol.

Starbucks to beef up store staffing

Insider on MSN · 4h

Starbucks is staffing up its stores with baristas and ditching machines in the latest stage of its turnaround

Starbucks is investing in more baristas and hours for them in the latest chapter of its turnaround, CEO Brian Niccol said.

Reuters on MSN · 3h

Starbucks to beef up store staffing, go slow on automation rollout

Starbucks will invest more in staffing and less on equipment, including an automation system that it previously touted, CEO Brian Niccol said on Tuesday, breaking with a wider industry trend to rely more on technology for store operations.

EconoTimes · 2h

Starbucks Shifts Focus to Staffing Over Automation Amid Sales Decline

Starbucks is pivoting its strategy by investing more in staffing and scaling back on automation technology, breaking from the broader trend in the food and beverage industry. CEO Brian Niccol announced Tuesday

3hon MSN

Starbucks results miss estimates, but CEO expresses confidence in turnaround

Even before President Donald Trump’s sweeping tariff announcement, analysts worried that Starbucks’ plans to overhaul its ...

8h

Starbucks posts bigger-than-expected drop in global sales on weak U.S. demand

Starbucks posted a bigger-than-expected drop in quarterly global comparable sales on Tuesday, as demand remained sluggish for ...

3h

Starbucks is embracing Euro vibes and exploring an aperitivo menu

Starbucks announced Tuesday that it is exploring an aperitivo menu featuring "sparkling beverages, sippable coffee drinks, ...

7hon MSN

Starbucks Says It’s Making Progress on Quest to Fulfill Orders Faster

The coffee chain says its new tech can cut in-store wait times by two minutes, as it has been struggling with slowing sales.

7hon MSN

Starbucks’ new drive-thru in Texas is the coffee giant’s first 3D printed store in the US

The newest pour from Starbucks is a 3D printed store that’s set to open this week in Texas. The giant coffee chain with over ...

5h

Starbucks says behind the scenes its turnaround is brewing as it manages tariff risk

Starbucks (SBUX) outlines turnaround plans amid FQ2 earnings slump. Discover strategies like streamlined operations, labor ...

9hon MSN

Starbucks earnings: Turnaround runs up against trade war, and analysts see fewer visits

Even before President Donald Trump’s sweeping tariff announcement, analysts worried that Starbucks’ plans to overhaul its ...

7h

Starbucks’ profit slumps as costs mount from turnaround effort

Starbucks’ profit fell by half in its latest quarter, in results that reveal the mounting costs of the coffeehouse chain’s ...

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